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Kirkland Lake Gold Ltd. T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Comment by tbnorthstaron Nov 17, 2020 2:09pm
176 Views
Post# 31915601

RE:RE:RE:RE:RE:RE:RE:Diseased trading

RE:RE:RE:RE:RE:RE:RE:Diseased tradingShare price reflects how out of favour Kl is with investors these days. Management, rightly or wrongly has been beaten up due to the Detour purchase. As for paying out a special dividend or accelerating the share buy back my preference is always to pay a larger dividend. Let the shareholders receive the proceeds of that free cash, they can decide whether they want more KL paper or not after the fact. Must also say, I am a big dividend fan so my view is skewed in that direction. Will also state, as long as debt is not being used, buying back paper isn't the worst thing they could do. The very, very best thing they can do is to grow the company. Giddyup....
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